Around 150 jobs are to be lost with the closure of DuPont SA's polyester plant in Garforth, Leeds.

The news was broken to employees at a special meeting yesterday and followed rumours that the firm, which supplies the clothing and automotive markets, was in serious financial trouble.

The workforce was told production would cease immediately and the factory will shut as soon as possible.

DuPont SA, which also has manufacturing plants in Teesside and South Wales, employs 4,000 people at 16 sites with manufacturing in the UK, Turkey, Germany and the Netherlands, and sales offices in France, Italy and Spain.